Norwegian solar market grew by 59% in 2017
The country’s cumulative installed PV capacity reached 45 MW at the end of last December. Newly installed PV systems for 2017 totaled around 18 MW, which was the largest annual growth ever registered in the Norwegian PV market.
Norway’s Statoil changes name to Equinor to reflect new clean energy strategy
The Norwegian oil company announced its intention to enter the solar energy business in October, when it launched a US$197 million fund dedicated to renewable energies.
Rooftop solar could provide half of Dutch electricity needs, Deloitte finds
Based on analysis of publicly available data, Deloitte estimates that solar panels installed on every suitable roof surface across the Netherlands could meet half of the current Dutch electricity demand, despite the country’s cloudy and rainy climate.
KGAL further invests in large-scale PV in southern European countries
The solar plans of the German independent investment and asset manager in Spain, Italy and Portugal are part of a broader plan to further invest in renewables, including wind and hydropower.
SolarEdge launches inverter with EV-charging capability
Power electronics company, SolarEdge has announced the launched of an EV charging inverter in Europe.
BayWa enters Dutch solar market with 2 GW, €159 million deal
The Munich-based company will acquire a 70% stake in a solar PV project pipeline totaling 2 GW in the Netherlands through its renewable energy arm Baywa re. The transaction will have to be approved by antitrust authorities.
Denmark preps tender scheme for PV projects up to 1 MW
The Danish Energy Agency has now submitted the scheme for a public consultation. The tender’s budget for 2018 amounts to around 105 million DKK (US$17.4 million).
Wacker reports €1.07 billion EBIDTA for 2017
The turnover of the Munich-based chemical company increased by 6%. The polysilicon business of Wacker Chemie also continued to increase last year; however, the production halt in the U.S. prevented even stronger growth.
Energy storage or grid extension – wrong question, right answers, finds panel
Panel discussion at Energy Storage Europe tackled the issue of whether the best way for keeping the lights on as economies around the world grow is to extend the grid network or add energy storage, and found that the best solution lies somewhere in between.
Engie commisions 140 MW Bhadla plant, signs 250 MW solar PPA in India
French President, Emmanuel Macron, and Indian Prime Minister, Narendra Modi both inaugurated Engie’s 75 MW PV plant on March 12, 2018, in Mirzapur, Uttar Pradesh. On the occasion, France-based Engie also announced the status of another two PV, and two wind projects.
